SoloPower adds financing

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Tuesday, July 03, 2012

SoloPower disclosed a $10.7 million round of financing as it hires for its Portland manufacturing facility.

[The facility is] slated to start production of the company's flexible, thin-film solar panels later this year. The company received a $197 million loan guarantee from the U.S. Department of Energy to help finance the facility.

The round is likely an extension of the $7.1 million financing disclosed by the company in May.

Read more at Sustainable Business Oregon.

{biztweet}solopower{/biztweet}

 

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Guest
0 #1 Uncle Sammie.Guest 2012-07-06 04:28:16
Wow! We haven't even started production and we're already in dept.
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